This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Balance SheetMolson Coors Inc.Years 1 & 2 ($000s)Year 1Year 2Cash & Marketable ... (Read 43 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
on: Apr 25, 2021
Balance Sheet
Molson Coors Inc.
Years 1 & 2 ($000s)
​Year 1Year 2
Cash & Marketable Securities309,70559,167
Accounts Receivable108,732705,426
Inventories138,577215,159
Other Current Assets49,51574,144
Total Current Assets606,5291,053,896
PP&E, Net869,7101,380,239
Intangibles86,2891,256,145
Other Assets177,164607,131
Total Assets1,739,6924,297,411
Accounts Payable222,493334,647
Other current liabilities210,052669,195
Short-term Debt85,000144,049
Total Current Liabilities517,5451,147,891
Long-term debt20,0001,383,392
Other long-term liabilities250,835784,277
Total liabilities788,3803,315,560
Capital Stock8,92228,334
Retained earnings954,9811,086,965
Adjustments-12,591-133,448
Total shareholders' equity951,312981,851
Total Liabilities & Equity1,739,6924,297,411


Income Statement
Molson Coors Inc.
Years 1 & 2 ($000s)
​Year 1Year 2
Revenues2,429,4623,776,322
COGS1,537,6232,414,530
Depreciation121,091230,299
SG&A619,143833,208
EBIT151,605298,285
Interest Expense-14,40349,732
Other income32,0058,047
Pre-Tax Income198,013256,600
Income Tax75,04994,947
Net Income122,964161,653
Shares outstanding36,90236,140
Earnings per share$3.33$4.47
Dividends per common share$0.80$0.82

Referring to the Molson Coors financial statements, what asset was the main reason for the decline in Total Asset Turnover between Year 1 and Year 2?
◦ Property Plant and Equipment
◦ Cash and Marketable Securities
◦ Inventory
◦ Intangibles
◦ Accounts Receivable
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Ebrown on Apr 25, 2021

cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


Ebrown

  • Member
  • Posts: 567
Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

To examine a child’s ear, the pinna should be pulled back and up for children over 3 years; the pinn To examine a child’s ear, the pinna should be pulled back and up for children over 3 years; the pinn
Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
Step-Wise Treatment of Asthma in Children > 12 Years of Age and Adults Step-Wise Treatment of Asthma in Children > 12 Years of Age and Adults
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Phases of the Female Reproductive Cycle - Hormonal regulation

For a complete list of videos, visit our video library